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September 30, 2023

When accounting goes unaccounted for

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Friday Footnotes: EY’s Six CEO Candidates; Deloitte UK Partner Payouts Increase Again; IIA Gets Their Way | 9.29.23 Prager Metis Just Got Thoroughly Boned By the SEC For Hundreds of Independence Violations Listen Up, Young Accountants: Career Advice For Sticking Out Those Early Years Deloitte Survey Finds Zoomers Are 3x More Likely to Fall For Scams Than Boomers So Why Don’t More of Them Work at Deloitte Longtime PCAOB Veteran and Skepticism Enthusiast George Botic to Sit on the Actual Board

401k plans

Letter to the Editor

One KPMGer ‘Annoyed’ By New Enhancements to 401(k) Match and Pension Programs

by Letter to the Editor

I wanted to make a comment about KPMG’s new 401(k) rules. As a recent US hire, the changes annoyed me in some ways. Here’s why: What the article (“Changes to KPMG’s 401(k) Contribution Policy Seem to Be Getting Positive Reviews”) didn’t mention or what your source material may have left out is that in addition […]

KPMG Rocks signs held by a woman in a KPMG shirt
KPMG

Changes to KPMG’s 401(k) Contribution Policy Seem to Be Getting Positive Reviews

by Jason Bramwell

In mid-July 2020, when public accounting CEOs were still looking at ways to slash costs because of the Rona’s impact on their firms, we started receiving tips from KPMGers about their retirement and pension plans taking a hit: KPMG announced this week they are cutting pension and 401k contributions in half for 2020. According to a 2018 […]